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CNBC
Nov 1, 2013 6:00pm EDT
consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement insurance plans, they could save you in out-of-pocket medical costs. call today to request a free decision guide. with these types of plans, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and virtually no referrals needed. join the millions who have already enrolled in the only medicare supplement insurance plans endorsed by aarp... and provided by unitedhealthcare insurance company, which has over 30 years of experience behind it. with all the good years ahead, look for the experience and commitment to go the distance with you. call now to request your free decision guide. female narrator: the mattress price wars are ending soon the mattress price wars are ending soon at sleep train. we've challenged the manufacturers to offer even lower prices. now it's posturepedic versus beautyrest with big savings of up to $400 off. serta icomfort and tempur-pedic go head-to-head with three years'
CNBC
Nov 3, 2013 7:30pm EST
rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement insurance plans, they could save you in out-of-pocket medical costs. call today to request a free decision guide. with these types of plans, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and virtually no referrals needed. join the millions who have already enrolled in the only medicare supplement insurance plans endorsed by aarp... and provided by unitedhealthcare insurance company, which has over 30 years of experience behind it. with all the good years ahead, look for the experience and commitment to go the distance with you. call now to request your free decision guide. more than a new interior lighting system. ♪ it is more than a hot stone massage. and more than your favorite scent infused into the cabin. it is a completely new era of innovation. and the highest expression of mercedes-benz. introducing the 2014 s-class. the best or nothing. >>> access to h
CNBC
Nov 4, 2013 6:00pm EST
plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call now and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement insurance plans, it could save you in out-of-pocket medical costs. call now to request your free decision guide. i've been with my doctor for 12 years. now i know i'll be able to stick with him. [ male announcer ] you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and virtually no referrals needed. see why millions of people have already enrolled in the only medicare supplement insurance plans endorsed by aarp. don't wait. call now. ♪ ♪ so you can get out of your element. so you can explore a new frontier and a different discipline. get two times the points on travel and dining at restaurants from chase sapp
CNBC
Nov 1, 2013 5:30pm EDT
ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call now and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement insurance plans, it could save you in out-of-pocket medical costs. call now to request your free decision guide. i've been with my doctor for 12 years. now i know i'll be able to stick with him. [ male announcer ] you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and virtually no referrals needed. see why millions of people have already enrolled in the only medicare supplement insurance plans endorsed by aarp. don't wait. call now. to tostore and essentially they just get sold something. we provide the exact individualization that your body needs. before you invest in a mattress, discover the bed cli
CNBC
Nov 18, 2013 7:00pm EST
total repeal? even "the new york times" reminded us today of the catastrophic medicare repeal back in 1989. might history be repeating itself? this as democratic leaders like nancy pelosi insist all is well. president obama himself about to rally his most ardent supporters and ask them to stand by the very troubled health care law. >>> and the dow crosses the 16,000 mark for the first time, but then retreats. and the debate continues over whether this rally is a bubble. those stories and much more coming up on "the kudlow report," beginning right now. welcome to "the kudlow report." we're live at p.m. on the east coast, 4:00 p.m. pacific. let's get right to the breaking news that president obama may be turning obama care back to the insurance companies. i think where it belongs. cnbc's eamon javers joins us with the details. good evening, eamon. >> reporter: good evening, larry. the white house was on the defensive again today, arguing with reporters over these predictions made by the white house that the website would be up and running by the end of this month, and dividing and conqu
CNBC
Nov 6, 2013 5:00pm EST
these years. ♪ i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call now and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement insurance plans, it could save you in out-of-pocket medical costs. call now to request your free decision guide. i've been with my doctor for 12 years. now i know i'll be able to stick with him. [ male announcer ] you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and virtually no referrals needed. see why millions of people have already enrolled in the only medicare supplement insurance plans endorsed by aarp. don't wait. call now. [ male announcer ] how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kong, and t
CNBC
Nov 12, 2013 7:00pm EST
one of those people basically on to two programs either medicare or forcing them into the private insurance system. it will increase the cost. the other great mistruth, obama said everybody would get a $2,000 reduction in premium on average. the premiums are going way, way up because there's no cost containment at all except the medicare people. >> of course there is. because you don't like obama care or because there's problems in the roll out you can't assert people are losing their health insurance because of obama care. people lose their health insurance all the time. you got have some kind of connection to reality here. it doesn't allow you to just go ahead and say every wild thing you want to say. >> james, mckinsey which is a nonpolitical, they say that probably one-third of the 150 million people covered by insurance today possibly and probably one-third, 50 million will lose their current employer coverage within the next two years. that's going to be momentus. it's an earthquake. >> be careful because i don't know, and i don't know the study and i don't know people losin
CNBC
Nov 7, 2013 5:00pm EST
% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement insurance plans, they could save you in out-of-pocket medical costs. call today to request a free decision guide. with these types of plans, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and virtually no referrals needed. join the millions who have already enrolled in the only medicare supplement insurance plans endorsed by aarp... and provided by unitedhealthcare insurance company, which has over 30 years of experience behind it. with all the good years ahead, look for the experience and commitment to go the distance with you. call now to request your free decision guide. geothe last thing i want iswho doesnto feel like someone is giving me a sales pitch, especially when it comes to my investments. you want a broker you can trust. a lot of guys at the other firms seemed more focused on selling than their clients. that
CNBC
Nov 8, 2013 1:00pm EST
i'm going to be eligible for medicare. eye dressed up last night for halloween as the coolest dude in america, ben bernanke. the truth is, though, i have trouble growing a beard. so i went as the next closest thing, a money printing press. >> all right. are wall street guys, men and women funny? >> i don't know i think they're -- >> i take that as no. >> certainly funny people on wall street. the more senior you get on wall street the funnier you are. you can look back at your time and find levity in what you've been through. in this day and able everything is so heavily regulated, talking bassle 3, net interest margins. >> you can't afford to be funny. >> you're so by the book. >> you've done stand-up? >> i have to tell you it is not easy. i've been very closely covering the wall street funny man scene. first of all, i think that there is a lot of funny on wall street if you talk to some of these guys. i think compliance does strip out some of the funny. but there's rich material here. sometimes funny intentionally like what we've overheard in the goldman sachs elevator and someti
CNBC
Nov 22, 2013 4:00am EST
. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call now and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement insurance plans, it could save you in out-of-pocket medical costs. call now to request your free decision guide. i've been with my doctor for 12 years. now i know i'll be able to stick with him. [ male announcer ] you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and virtually no referrals needed. see why millions of people have already enrolled in the only medicare supplement insurance plans endorsed by aarp. don't wait. call now. >>> next thursday, americans are sitting down with their friends and family for thanksgiving, and probably to watch a few hours of nfl football, but they're not the only ones who wil
CNBC
Nov 17, 2013 8:00pm EST
medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement insurance plans, they could save you in out-of-pocket medical costs. call today to request a free decision guide. with these types of plans, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and virtually no referrals needed. join the millions who have already enrolled in the only medicare supplement insurance plans endorsed by aarp... and provided by unitedhealthcare insurance company, which has over 30 years of experience behind it. with all the good years ahead, look for the experience and commitment to go the distance with you. call now to request your free decision guide. >> if you need proof that our world is getting warmer, you need look no further than the glaciers of antarctica. as scott pelley reported in 2007, the glaciers on that vast continent are melting at an alarming rate, and disappearing with the ice are whole colonies of penguins. both are early warning signs that the global warming day
CNBC
Nov 6, 2013 9:00am EST
i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call now and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement insurance plans, it could save you in out-of-pocket medical costs. call now to request your free decision guide. i've been with my doctor for 12 years. now i know i'll be able to stick with him. [ male announcer ] you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and virtually no referrals needed. see why millions of people have already enrolled in the only medicare supplement insurance plans endorsed by aarp. don't wait. call now. the ocean gets warmer. the peruvian anchovy harvest suffers. it raises the price of fishmeal, cattle feed and beef. bny mellon turns insights like these into powerful investment strategies. for a u
CNBC
Nov 11, 2013 8:00pm EST
[ticking] >> last year, medicare paid $55 billion just for doctors and hospital bills during the last two months of patients' lives. it's a perfect example of the costs that threatened to bankrupt us and how hard it's going to be to rein them in. >> genes--as a result of them, you've inherited some of your family's finest qualities, along with predispositions to deadly diseases. you probably know that science has made giant leaps in detecting and treating some of those illnesses, but what you probably don't know is that at the same time, biotech companies have been patenting human genes. that's right. whether you like it or not, a vital part of who you are may now belong to someone else. >> let me just examine him. >> people are worried more than ever about how the chemicals we're exposed to are affecting our health. among them, a family of chemicals used in everyday plastics known as phthalates, which congress banned in toys after a study by dr. shanna swan. welcome to 60 minutes on cnbc. i'm lesley stahl. we'll be exploring the world of science in this episode. later we'll brin
CNBC
Nov 15, 2013 9:00am EST
expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement insurance plans, they could save you in out-of-pocket medical costs. call today to request a free decision guide. with these types of plans, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and virtually no referrals needed. join the millions who have already enrolled in the only medicare supplement insurance plans endorsed by aarp... and provided by unitedhealthcare insurance company, which has over 30 years of experience behind it. with all the good years ahead, look for the experience and commitment to go the distance with you. call now to request your free decision guide. ♪ so crazy right now, most incredibly ♪ >>> welcome back to "squawk on the street." we have breaking data from the floor of the cme group. we have negative 0.1 on production. we were expecting a plus 0.2. last month was plus 0.6. capacity 78.1, we were expecting 78.3. agai
CNBC
Nov 8, 2013 6:00pm EST
the medicare system is finding out how important this ingredient is and it's certainly helping clorox. >> yeah, that bleach, clorox, having about a 60 share of that market, is the most effective, cheapest disinfectant that you can buy that kills all the bad bugs. c-diff is the spore that's responsible for more hospital acquired infections. the epa just registered clorox bleach as the agent that can kill that spore and kill it very effectively. one of the things that changed is the federal government changed the medicare law. where medicare will no longer reimburse hospitals for preventable injury and they're classifying these infections which are killing 100,000 people across the country as a preventable injury. when we talk to the new york presbyterian, they are serious about getting the best products possible to kill these bad bugs in the patients' rooms. >> one of the things that people don't recognize, because you brought some nanalysts out, the seem to be behind in terms of the innovation you're doing. no real champions. do they not understand that you're reinventing the company
CNBC
Nov 13, 2013 4:00am EST
. only about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement insurance plans, they could save you in out-of-pocket medical costs. call today to request a free decision guide. with these types of plans, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and virtually no referrals needed. join the millions who have already enrolled in the only medicare supplement insurance plans endorsed by aarp... and provided by unitedhealthcare insurance company, which has over 30 years of experience behind it. with all the good years ahead, look for the experience and commitment to go the distance with you. call now to request your free decision guide. >>> u.s. treasury secretary jack lew dells china he needs to see more specifics and market reforms must progress further. >> jobless data out now in the uk. could it prompt the bank of england to signal rates might go up further than they'
CNBC
Nov 8, 2013 5:30pm EST
rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement insurance plans, they could save you in out-of-pocket medical costs. call today to request a free decision guide. with these types of plans, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and virtually no referrals needed. join the millions who have already enrolled in the only medicare supplement insurance plans endorsed by aarp... and provided by unitedhealthcare insurance company, which has over 30 years of experience behind it. with all the good years ahead, look for the experience and commitment to go the distance with you. call now to request your free decision guide. le le store and essentially they just get sold something. we provide the exact individualization that your body needs. before you invest in a mattress, discover the bed clinically proven to improve sleep quality. the sleep number bed. once you experience it, there's no going b
CNBC
Nov 8, 2013 6:00am EST
80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement insurance plans, they could save you in out-of-pocket medical costs. call today to request a free decision guide. with these types of plans, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and virtually no referrals needed. join the millions who have already enrolled in the only medicare supplement insurance plans endorsed by aarp... and provided by unitedhealthcare insurance company, which has over 30 years of experience behind it. with all the good years ahead, look for the experience and commitment to go the distance with you. call now to request your free decision guide. ♪ ♪ so you can have a getaway from what you know. so you can be surprised by what you don't. get two times the points on travel and dining at restaurants from chase sapphire preferred. so you can taste something that wakes up your soul. chase sap
CNBC
Nov 7, 2013 9:00am EST
80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement insurance plans, they could save you in out-of-pocket medical costs. call today to request a free decision guide. with these types of plans, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and virtually no referrals needed. join the millions who have already enrolled in the only medicare supplement insurance plans endorsed by aarp... and provided by unitedhealthcare insurance company, which has over 30 years of experience behind it. with all the good years ahead, look for the experience and commitment to go the distance with you. call now to request your free decision guide. >>> the number one focus, the thing that we wake up every single morning doing is let's create the best experience on the planet. let's make sure people can tweet wherever they are and anyone can see and take action on it immediately, anywhere they a
CNBC
Nov 29, 2013 4:00am EST
. the centers for medicare and medicaid services which oversees healthcare.gov says its contract was set to end in march, but they started taking new bids. the white house has promised to have the site working smoothly for most users by this weekend. verizon stock in frankfurt down around 0.2%. hewlett packard up 0.2%. >>> still to come, uk home builders got hit hard after the bank of england's surprise by scrapping the lending scheme for mortgage finance. we'll look at the latest mortgage data, discuss the implications of that move and get into the latest currency moves, as well. >>> down to a five-year low against the euro today after the bank of japan governor said the japanese central bank had no plan to monetize monetary policy. he did stress japan is aimed solely at meeting its 2% inflation targets. the announcement came in october. dollar/yen meanwhile is at a six-month low against the dollar at 102.61. orich, good to see you. dollar/yen, have we finally consolidated a break above 100? >> yeah, i think so. the market was very concerned about not reaching the inflation target.
CNBC
Nov 18, 2013 6:00am EST
york times" lays out a lot. honestly, i didn't remember. 1989, the medicare catastrophic act. americans were so angry that they stripped it and got rid of that law. i think it's a stretch to seau bomb ma care is headed there yet. >> yeah, it's early to say that. i think the key test will be the implement -- or the december 1 date to get the website working and if they do that, there is a story over the weekend saying 80% of folks will be able to use the website. it will be better to say that. if they get the website going, people want to sign up, you'll see a little bit of pressure ease up. not a lot of it. there's the entire question of people losing their plans. all the cancellation l understa works. the bottom line is get out of the weeds. the plan was sold under false pretenses. people are angry over that. it's taken a huge toll on obama's rating. is the law going to collapse of its own weight? i think it's way too soon to say that. get the website working. people sign up. it will be a lot better. people want to keep the plans, they can keep it. >> you said folks. you're
CNBC
Nov 18, 2013 6:00pm EST
this for an obama care fix. what about a total repeal? even "the new york times" reminded us today of the catastrophic medicare repeal back in 1989.
CNBC
Nov 22, 2013 2:00pm EST
, would that have happened at that time? would we have medicare and medicaid, would those programs have passed at the same time? probably not. they would have come more slowly. that doesn't mean they wouldn't have happened eventually. there was rising concern in the country about what michael harrington once called the other america, and the plight of poor, elderly people in particular. that might have happened at some point. vietnam was a key factor in economic policy because the combination of the great society in vietnam is what started this long string of deficits that america's been dealing with. would john f. kennedy have had the same policy as lyndon johnson. historians are split on that and some like to argue that kennedy would have pulled back, but robert f. kennedy in an oral history soon after the assassination said absolutely not. he was committed to victory in vietnam. so very difficult to project. i think a lot of the same things that lyndon johnson had done would still have -- have gravitated to those in a long run, may not have happened in a second kennedy term. >> i thi
CNBC
Nov 7, 2013 7:00pm EST
million people would be getting medicare/medicaid next year. 44 billion people don't have health insurance. 43% of the americans who have health insurance next year are going to get it direct from uncle sam. i think where we're heading is -- >> so you're saying government -- no question medicaid is a single payor system. but i don't think that's where most of the democrats want to go yet. and i want to ask you, you've worked in the white house. you've got different plans. some of the democratic senators want to delay the penalties, they want to delay the enrollment deadline. some of them like senator landrieu, she wants to make it possible for everybody to get their insurance that they had and keep it for whatever some period of time. in your opinion, will any of these legislative bills every get voted on much less pass? >> it's tricky. one thing i agree with that was said before, the key question is when the president just said we'll fix these problems, what did he mean by that. that is really the question. because i thought that he did apologize and i think that's sort of a sid
CNBC
Nov 11, 2013 1:00pm EST
laws, especially capital gains and the medicare surcharge for high income earners. we're starting a new segment today on personal finance here on "power lunch" and joining us are members of the cnbc digital financial adviser network, a 20 member group of financial executives with cumulative assets under management of about $23 billion. brittney is founder and ceo of financially wise women. tim joins me here in studio, vice president of the financial consulate. welcome to both of you. nice to have you with us. >> thank you very much. >> tim -- >> thank you. >> let me start with you, tim. we listed some of the top three concerns. but those aren't obviously the only concerns. what are you hearing from your clients about what they're most worried about? >> these and plenty more, what these have in common, sue, they're all big uncertainty items. a lot of uncertainty fatigue back to 2000, like we would never know which cataclysmic thing could happen the next day. that's what i'm hearing from clients right now. all three of those mentioned unrest in the middle east, europe, still having some d
CNBC
Nov 4, 2013 7:00pm EST
absence of that, the federal exchange. it's not perfect. i was a supporter of lower the medicare age, which is something that conservatives and joe lieberman talked about doing up until the point wrerp about to do it in which case the bottom fell out of it. that's why this approach, with an individual mandate, was originally the conservative alternati alternative. the problem here and the good-faith problem for some, not all, but some republicans in congress is, again, to mr. kristol's point, they don't have the alternative. and every time we get near something they once proposed, they don't like it anymore. >> i think i can sum up ari's answer to your question. too bad. we're all in this together whether you want it or not. too bad. >> with all due respect -- and it is ari, like safari. you want to hit the pronunciation correct. >> don't they say it's too bad? he's got to take it because that's what you've decided. >> no, respectfully, i spoke with specificity about how the insurance market works and why there isn't one plan you're being forced into. and by the way, for people at th
CNBC
Nov 14, 2013 2:00pm EST
, say you make $200,000 or as a couple together you make $250,000, you'll have to pay a medicare surtax, 0.9%, and then you're also going to have to pay tax on your net investment income. and that's 3.8%. so there's a lot of tax that you'll have to assume that you may not have had to assume last year. >> what are our strategies to try and minimize all that? >> if you can, you want to defer income. if you're getting a bonus or stock options, try to defer that income. you also want to think about how you can maybe offset some of the capital gains with capital losses with capital gains, harvest your tax losses is what i'm trying to say. and the final thing you want to do is that you want to make sure -- and a lot of people do this already, but some people say i'm just going to put into my 401(k) to the company match and then invest outside of it. you want to lower your income dollar for dollar. and the way you can do that is to maximize your contributions to your 401(k) or your employer plan. $17,500, if you're 50 or over, it's $23,000. you really want to make sure that you do that. and th
CNBC
Nov 19, 2013 1:00pm EST
centers for medicaid and medicare about security and redness issues with the site and current state of repairs during which he admitted one of the key parts of the process is actually still being built. listen to this exchange which representative cory gardener of colorado. >> how much do we have to build today? what do we need to build, 50%, 40%, 30%? >> i think it's an approximation, we're probably sitting between 60 and 70% because we still have to build -- >> 60 or 70% that needs to be built still? >> because we still have to build the payment systems to make payments to issuers in january. >> let me get this correct. 60 to 70% of healthcare.gov needs to be built? >> it's not healthcare.gov. it's the federally facilitated marketplace. >> the entire system that the american people are being required to rely upon. >> that part -- >> healthcare.gov the on-line application, verification -- >> compare getting enrolled, generating a transaction that's 100% there. what i'm talking about -- >> the entire system is 60 to 70% away from being complete? >> there's the back office systems, a
CNBC
Nov 13, 2013 4:00pm EST
employers. another 30% of americans get their insurance through the government, either medicare, medicaid or through the military. 15% of americans don't have insurance. so, that leaves you with only 5% of americans that actually get insurance through private markets. of that 5%, about half of them are going to get a much better deal. they'll get comprehensive care either at the same rate or at lower rates, lower premiums. another half of that, which is about 2% total of americans will probably be paying more. but what that 2% paying more, the benefits we get from that group are, one f they get sick, they get more comprehensive coverage than they may have in many instances. two, there is in effect, as john said -- >> but we've heard all of this. this is all talking points. we've heard all of this. >> we're talking about a very small percentage of americans that are ultimately affected by this. the problem is -- >> then why is there so much political backlash is? why are so many people upset? why is even the democrats, the party sort of questioning this now? >> because when you h
CNBC
Nov 6, 2013 6:00am EST
your revenue. if you could get medicare to pay you if the patient does well -- >> you're a 1000% right. we move away from medicare to more shared savings or sharing risk with the government with organizations. that moves us away free for service to a different kind of payment. >> it's an institution with every specialty where many hospital bed, thousands of doctors. why isn't it just an insurance company? why can't we go to you and say tell me what you're going to charge me to take care of me and employees. >> that's the future. >> that is the future. part of the motivation for us to become a much larger hospital system, bigger geographic area was to accept risks. >> that's very interesting. if you get to that point, that changes the game. costs truly do come down. >>> absolutely. >> are you comfortable that for example you saw some of the different news organization play up different situations that happened in the first month. on a 69-year-old couple is mandated to pay for maternity care or when someone with substance abuse -- just because we need to collect more money to cove
CNBC
Nov 12, 2013 12:00am EST
as they approach the end of their lives. how much money? well, in 2009, medicare paid $55 billion for doctor and hospital bills for patients as they approached the last two months of life. to give you some perspective, that's more than the budget for the department of homeland security or the department of education. and as we reported in 2009, most of those bills were paid for by the government with few or no questions asked and with an estimated 30% of the treatments having no meaningful impact. >> ms. klish, it's dr. byock. >> marcia klish is either being saved by medical technology or being prevented from dying a natural death. >> we're just here checking on you. >> she's been unconscious in the intensive care unit at dartmouth hitchcock medical center in lebanon, new hampshire, for the better part of a week. one of her doctors, ira byock, told us it costs up to $10,000 a day to maintain someone in the icu. >> this is the way so many americans die. something like 18% to 20% of americans spend their last days in an icu. and, you know, it's extremely expensive. it's uncomfortabl
CNBC
Nov 5, 2013 4:00am EST
was going on and injoin us from hq in the united states. >> the centers for medicare and medicaid services, the agency responsible for overseeing healthcare.gov now says it's going to take down the site for daily maintenance between 1:00 and 5:00 a.m. eastern time. the marketplace has been plagued by tech issues. just yesterday, the site experienced an unscheduled 90-minute outage making the application and enrollment pages unavailable. but tech teams have made progress in addressing various issues and believes that the site should be working more smoothly by tend of the month. president obama trying to deflect criticism over the affordable care act is vowing to press forward with the rollout at a rally of core activists who helped get out the vote for him during last year's election. the president asked for help to enroll people amid signs that early numbers would fall short of expectations. >> when you're undertaking something this big, this important, like health care reform, we knew we were going to get resistance. maybe not to the same degree as we've gotten, but there's a re
CNBC
Nov 5, 2013 6:00pm EST
aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement insurance plans, they could save you in out-of-pocket medical costs. call today to request a free decision guide. with these types of plans, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and virtually no referrals needed. join the millions who have already enrolled in the only medicare supplement insurance plans endorsed by aarp... and provided by unitedhealthcare insurance company, which has over 30 years of experience behind it. with all the good years ahead, look for the experience and commitment to go the distance with you. call now to request your free decision guide. >>> there are times when it could be hard to find a bull market in anything that's easy to get your head around. this is not one of those moments. right now we've got a red hot bull market and tower stocks. the backbone of mobile networks around the globe. these towers are everywhere. you probably see at least one on you
CNBC
Nov 1, 2013 12:00pm EDT
found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call now and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement insurance plans, it could save you in out-of-pocket medical costs. call now to request your free decision guide. i've been with my doctor for 12 years. now i know i'll be able to stick with him. [ male announcer ] you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and virtually no referrals needed. see why millions of people have already enrolled in the only medicare supplement insurance plans endorsed by aarp. don't wait. call now. >>> welcome back to the "halftime report." live from post 9. shares of starbucks are pulling back, but came within a hair of another all-time high in the morning. the stock is already up 50% in 201
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